Future Trend Analysis Report
Prepared for you on Monday, May 25, 2020.
EURO/SO AFR. RAND JUNE 2020 (ICE:@YZ.M20)
Weak Downtrend (-65) - @YZ.M20 is showing signs of a strengthening downtrend. Monitor @YZ.M20 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid @YZ.M20?
MarketClub looks at technical strength and momentum to determine if the timing is right for @YZ.M20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @YZ.M20
The long-term trend has been UP since Feb 27th, 2020 at 17.16600
The intermediate-term trend has been DOWN since May 20th, 2020 at 19.77225
The short-term trend has been DOWN since May 18th, 2020 at 20.14600
Smart Scan Analysis for @YZ.M20
Based on our trend formula, @YZ.M20 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||20.8625||52wk High Date||2020-05-03|
|52wk Low||18.53525||52wk Low Date||2020-03-11|